Pillar (PLR) Could Reach the Prior Wave 2 Zone

SUMMARY

The correction still can be categorized as an expanded flat for Pillar (PLR/BTC). The height of wave B is above the origin of wave A. And as almost always is the case for an expanded flat, C is the longest and it isn't complete, yet.

When adding the subwaves, the abc of red A and B are well formed and the deep retrace of wave C can be counted in fives. The final white (5) subwaves are shown in blue and matches the prior wave 2 level. This would represent the 0.938 Fibonacci level; a common occurence in Altcoins.

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Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
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Tutorial on the use of Fibonacci & Elliott Waves
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